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108 Franklin St

Lynn, MA 01902
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Bed 55

Bed

Bath 30

Bath

SqFt23,316

Sqft

Acres0.50

Acre(Lot)

108 Franklin St contains thirty (30) total units comprised of twenty-five (25) 2-Bedroom/1-Bathroom units, four (4) 1-Bedroom/1-Bathroom units, and one (1) Studio unit. The Property is situated upon a 0.50-acre parcel and offers ample parking with thirty-two (32) spaces available via a large parking lot to the front of The Property. The Property is separately metered for electricity, which tenants pay directly. The Landlord is responsible for gas powered hot water and heat, common area electricity, and city water and sewer. The Property is strategically located near downtown Lynn, offering excellent visibility and accessibility within one of the North Shore’s most dynamic urban centers. In-place rents are below the current market rates; the opportunity exists to continue to upgrade unit in teriors and common areas to drive rental rates in an urban-infill, high demand/supply constrained residential mar

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Detail Ic Property Details

Property Type : Residential Income

Price : $7,200,000

AD Id : 77646225

MLS Id : 73504665

Beds : 55

Lot Size : 0.50 Acre

Living Area Size : 23,316

Year Built : 1960

County : Essex

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Feature Features

  • Bathroom Information

    Total Baths: 30 Full Baths: 30

    Room Information

    Total Bedroom: 55
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    WaterSource: Public

  • Building Information

    Year Built: 1960
  • Exterior Features

    Foundation Details: Other

  • Lot Information

    Lot Size Area: 0.5 Lot Size Units: Acres Lot Square Feet: 21,780 Lot Acres: 0.5 Stories: 5 Main Square Feet: 0.5

    Property Information

    Property Type: Residential Income Sub Type: 5+ Family - 5+ Units Up/DownSQ ft (Living Area): 23,316

  • Listing Price Information

    Original Listing Price: $7200000

  • Tax Information

    Parcel Number: 2005591 Annual Tax: $60302

  • Parking Information

    Parking Total: 32 Paved Drive, Off Street

  • Location Information

    Direction: Please Use GPS.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
49 Atlantic Terrace, Lynn, MA, 01902 $1,250,000 4 4 3,750 3,750 SqFt
13 Essex St #2, Lynn, MA, 01902 $699,999 4 3 3,900 3,900 SqFt
10 Williams Ave, Lynn, MA, 01902 $699,999 3 2 1,222 1,222 SqFt
145 Lewis St, Lynn, MA, 01902 $6,100,000 33 26 17,407 17,407 SqFt
2 Chestnut Terrace, Lynn, MA, 01902 $589,999 3 1 1,536 1,536 SqFt
4-4A Broad St, Lynn, MA, 01902 $1,190,000 9 5 4,089 4,089 SqFt
8 Chestnut St, Lynn, MA, 01902 $549,000 3 2 1,470 1,470 SqFt
40 Archer St, Lynn, MA, 01902 $729,988 5 3 1,932 1,932 SqFt
77-79 Chestnut Street, Lynn, MA, 01902 $1,850,000 13 5 5,368 5,368 SqFt
66 Baltimore Street #66, Lynn, MA, 01902 $549,900 2 2 1,478 1,478 SqFt

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ByOwner last updated this listing 06/22/2026 @ 15:28

MLS: 73504665 LISTED BY: Stephen Girolamo, Horvath & Tremblay 781-776-4000 SOURCE: MLS Property Information Network

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